Nvidia-Backed Cohere to Offer Secondary Sale of Employee Shares
Cohere Inc., the Nvidia Corp.-backed artificial intelligence startup that raised funds at a $7 billion valuation a month…
AI Music Generator Suno in Funding Talks at $2 Billion Valuation
Suno Inc., a startup that generates music using artificial intelligence, is in talks to raise over $100 million…
Starlink Rival AST SpaceMobile (ASTS) Gets Rare Sell as Lead Narrows
AST SpaceMobile Inc. shares have more than tripled this year as the race for space-based cell phone connectivity…
OpenAI overtakes SpaceX with $500bn valuation
Daniel Kretinsky, the Czech billionaire who owns Royal Mail, is selling his 20 per cent stake in Thyssenkrupp’s…
Global Chipmakers Add $200 Billion in Record Rally on AI Frenzy
Global chipmakers saw their market value soar as investors rushed to get exposure to artificial intelligence, the latest…
JPMorgan Boosts Alibaba Price Target by Almost 45% on AI, Cloud Optimism
JPMorgan Chase & Co. has raised its price target for Alibaba Group Holding Ltd.’s Hong Kong shares by…
VCs Are Scrambling for a Piece of AI Darlings Like Anthropic, Cursor, Cognition
Raising venture capital money has been a breeze for Decagon AI Inc., a two-year-old startup developing artificial intelligence…
Duolingo Faces AI Risks as Investors Reconsider Its Pricey Multiple
Duolingo Inc. is facing risks from multiple angles as investors reassess the impact of artificial intelligence on the…
Masayoshi Son Is Going Big on OpenAI. Time to Worry.
When Masayoshi Son bets big, it either marks the dawn of an era, or the dusk of a…